Plantronics is an electronics company producing audio communications equipment for business and consumers. The Company's headsets are communications tools providing a hands-free connection to communication or entertainment devices, while also allowing freedom of movement for the users. Plantronics uses a variety of technologies to develop high-quality products that meet the needs of the customers, whether for communications or personal entertainment. Its headsets are widely used in applications such as Unified Communications, in contact centers, in the office, and in the home, with mobile devices and Internet telephony, for gaming, and for other specialty applications. Plantronics's major product categories include Enterprise, which includes corded and cordless communication headsets, audio processors, and telephone systems; and Consumer, which includes Bluetooth and corded products for mobile device applications, personal computer and gaming headsets, and specialty products marketed for hearing impaired individuals (through Clarity brand).

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TypePublic
HQSanta Cruz, US
Founded1961
Size (employees)4,003 (est)
Websiteplantronics.com
Plantronics was founded in 1961 and is headquartered in Santa Cruz, US
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Key People/Management at Plantronics

Joe Burton

Joe Burton

President & Chief Executive Officer
Alejandro Bustamante

Alejandro Bustamante

Senior Vice President of Operations
Marilyn Mersereau

Marilyn Mersereau

Senior Vice President, Marketing & Chief Marketing Officer
Pamela Strayer

Pamela Strayer

Senior Vice President & Chief Financial Officer
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Plantronics Office Locations

Plantronics has an office in Santa Cruz
Santa Cruz, US (HQ)
345 Encinal Street
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Plantronics Financials and Metrics

Plantronics Revenue

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Plantronics's revenue was reported to be $856.90 m in FY, 2018 which is a 2.8% decrease from the previous period.
USD

Revenue (Q2, 2019)

483.1m

Gross profit (Q2, 2019)

152.6m

Gross profit margin (Q2, 2019), %

31.6%

Net income (Q2, 2019)

(86.7m)

EBIT (Q2, 2019)

(86.0m)

Market capitalization (14-Dec-2018)

1.4b

Closing stock price (14-Dec-2018)

36.4

Cash (30-Sep-2018)

291.1m
Plantronics's current market capitalization is $1.4 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

818.6m865.0m856.9m881.2m856.9m

Revenue growth, %

6%(1%)3%(3%)

Cost of goods sold

392.0m403.4m422.2m439.8m417.8m

Gross profit

426.6m461.6m434.7m441.4m439.1m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

194.0m212.7m216.7m215.8m231.8m206.4m215.0m225.7m223.1m216.2m232.9m203.9m210.3m226.5m221.3m483.1m

Cost of goods sold

94.4m102.4m102.0m98.0m111.9m99.0m104.0m116.2m110.0m105.7m122.8m100.6m102.7m112.4m111.5m330.4m

Gross profit

99.6m110.3m114.7m117.8m119.9m107.4m111.0m109.5m113.1m110.4m110.2m103.3m107.6m114.1m109.8m152.6m

Gross profit Margin, %

51%52%53%55%52%52%52%49%51%51%47%51%51%50%50%32%
Annual
USDY, 2010Y, 2011Y, 2012Y, 2013FY, 2014Y, 2014Y, 2015FY, 2016FY, 2017FY, 2018

Cash

350.0m277.4m209.3m228.8m232.7m232.7m276.9m235.3m302.0m390.7m

Accounts Receivable

138.3m138.3m136.6m128.2m141.2m152.9m

Inventories

57.1m55.5m68.3m

Current Assets

556.3m556.3m602.7m597.0m699.0m899.7m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

246.0m235.5m235.3m268.2m280.4m475.4m304.8m219.1m227.5m244.5m242.5m290.5m303.1m280.3m631.0m291.1m

Accounts Receivable

123.7m133.4m150.8m140.4m157.3m127.2m139.9m136.4m133.2m136.8m141.3m134.8m139.7m143.9m161.5m354.1m

Inventories

69.2m66.6m61.0m63.6m57.7m55.9m57.8m55.7m53.9m52.7m58.0m57.6m61.0m64.6m68.1m156.9m

Current Assets

577.4m553.1m565.6m592.2m623.0m805.3m659.1m612.4m612.6m639.9m645.6m715.4m734.4m727.0m930.1m874.3m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

112.4m112.3m68.4m82.6m(869.0k)

Depreciation and Amortization

15.6m18.7m20.1m21.0m21.2m

Inventories

1.4m(3.8m)(13.3m)

Accounts Payable

(6.3m)(62.0k)5.4m4.4m2.9m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

23.1m34.4m28.7m27.4m30.4m21.2m17.9m16.3m20.4m20.5m22.2m18.8m38.8m(10.7m)14.5m(72.2m)

Depreciation and Amortization

5.4m10.7m15.9m5.2m87.6m

Accounts Payable

36.8m38.9m33.2m38.4m43.2m39.7m46.8m42.8m40.7m989.0k3.2m2.8m5.7m20.6m

Cash From Operating Activities

12.9m49.3m81.4m32.1m72.6m
USDY, 2018

Financial Leverage

4.3 x
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Plantronics Operating Metrics

Plantronics's Customers was reported to be 500 in FY, 2017. Plantronics's Backlog was reported to be $18.6m in FY, 2017.
FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Backlog

$24.30 m$23.40 m$18.60 m

Customers

500 500 500 500 500 500

Partners

15.75 k15.75 k15.75 k15.75 k15.75 k15.75 k

Products

16 k16 k16 k16 k16 k16 k
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Plantronics Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
PolycomMarch 29, 2018$2 b

Plantronics Revenue Breakdown

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Plantronics revenue breakdown by business segment: 26.9% from Consumer and 73.1% from Enterprise

Plantronics revenue breakdown by geographic segment: 25.4% from Europe and Africa, 12.3% from Asia Pacific, 56.3% from U.S. and 5.9% from Americas, excluding U.S.

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Plantronics Online and Social Media Presence

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Plantronics News and Updates

Best Noise-Canceling Headphones (2018): Bose, Sony, Plantronics, and More

These over-ears and earbuds will add some silence and serenity to your day.

Logitech ends Plantronics acquisition talks

Logitech has ended discussions to acquire headphones company Plantronics, a deal that was estimated to be worth more than $3 billion.

Logitech's biggest-ever Plantronics acquisition is not happening

Logitech is not buying Plantronics after all. The company has dismissed reports of purchasing the headset and Bluetooth earpiece maker.It was reported late last week that Logitech is mulling the purchase of Plantronics. However, the company has now explained that it had engaged in discussions for a …

Logitech says it's no longer in talks with Plantronics

Logitech International SA on Sunday denied a report that it may acquire Plantronics Inc. . While acknowledging that it had been engaged in discussions with Plantronics for a potential transaction, the Swiss-based company said in a statement that the discussions were terminated, and that it would co…

Logitech ends negotiations to acquire Plantronics

Logitech International SA, a Swiss manufacturer of keyboards and webcams, said on Sunday it had ended discussions to acquire Plantronics Inc, a U.S. maker of Bluetooth earpieces and gaming headsets.
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Plantronics Blogs

PLANTRONICS AND HP COLLABORATE ON NEW, HIGH-QUALITY NATIVE MICROSOFT TEAMS VIDEO CONFERENCING SOLUTION

Dateline City: SANTA CRUZ, Calif. Multimedia New Solution for Large and Mid-Sized Conference Rooms Combines Latest HP Elite Slice with Le…

Plantronics Habitat Soundscaping Solution to Transform the New York City Dimension Data Office into a Productivity Center

Dateline City: SANTA CRUZ, Calif. Multimedia New Intelligent Acoustic Heat Mapping and Sounds of Nature Allow Companies to Manage Noise …

Plantronics Announces Expansion of Stock Repurchase Program

Dateline City: SANTA CRUZ, Calif. Focused on Balanced Capital Allocation Strategy and Commitment to Deleveraging SANTA CRUZ, Calif. – November 29, 2018 – Plantronics, Inc. (NYSE:…

Plantronics Confirms No Ongoing Discussions with Logitech

Dateline City: SANTA CRUZ, Calif. Reiterates Company’s Commitment to Pursuing Next Phase of Profitable Growth SANTA CRUZ, Calif. – November 25, 2018 – Plantronics, Inc. (NYSE:PLT…

Plantronics Opens the Door for ITSP Partners with New VVX x50 Series Obi Edition Phones

Dateline City: SANTA CRUZ, Calif. Multimedia New Desktop Phones Are Specifically Designed for Service Providers to Easily Deploy, Manage,…

NEW STUDY SHOWS THE EXPLOSIVE GROWTH OF VIDEO CONFERENCING AND PROLIFERATION OF SOLUTIONS HAVE CREATED NEED FOR EASIER, CONSISTENT SOLUTIONS

Dateline City: SANTA CRUZ, Calif. Multimedia New Independent Study Shows 84 Percent of Companies Use More than One Cloud-Based Video Con…
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Plantronics Company Life and Culture

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Plantronics Frequently Asked Questions

  • When was Plantronics founded?

    Plantronics was founded in 1961.

  • Who are Plantronics key executives?

    Plantronics's key executives are Joe Burton, Alejandro Bustamante and Marilyn Mersereau.

  • How many employees does Plantronics have?

    Plantronics has 4,003 employees.

  • What is Plantronics revenue?

    Latest Plantronics annual revenue is $856.9 m.

  • What is Plantronics revenue per employee?

    Latest Plantronics revenue per employee is $214.1 k.

  • Who are Plantronics competitors?

    Competitors of Plantronics include Samsung Electronics, LG and Bose.

  • Where is Plantronics headquarters?

    Plantronics headquarters is located at 345 Encinal Street, Santa Cruz.

  • Where are Plantronics offices?

    Plantronics has an office in Santa Cruz.

  • How many offices does Plantronics have?

    Plantronics has 1 office.